Panama

National Accounts Last Frequency Range
Nominal GDP (USD mn) 18,056.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Real GDP Growth (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Nominal GDP Growth (%) 2.051 Sep 2024 quarterly Mar 2008 - Sep 2024
GDP per Capita (USD) 14,339.427 2016 yearly 1950 - 2016
GDP Deflator Growth (%) 2.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Private Consumption Expenditure (USD mn) 37,153.342 2022 yearly 1969 - 2022
Private Consumption: % of GDP (%) 48.7 2022 yearly 1996 - 2022
Public Consumption Expenditure (USD mn) 10,154.666 2023 yearly 1950 - 2023
Public Consumption: % of GDP (%) 13.7 2021 yearly 1996 - 2021
Investment: % of GDP (%) 37.7 2023 yearly 1996 - 2023
Gross Fixed Capital Formation (USD mn) 31,436.094 2023 yearly 1996 - 2023
Gross National Product (GNP) (USD mn) 79,285.543 2023 yearly 1960 - 2023
Gross Savings Rate (%) 41.1 2023 yearly 1960 - 2023
Forecast: GDP PPP Per Capita (PPP Intl $) 47,426.990 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 21,973.697 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 5.000 2027 yearly 1980 - 2027
Total Trade of Goods & Services: % of Nominal GDP (%) 89.533 2023 yearly 1960 - 2023
Production Last Frequency Range
Industrial Production Index Growth (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Minerals Production (Metric Ton) 373,271.000 2022 yearly 2009 - 2022
Gold Production (kg) 4,400.000 2022 yearly 1990 - 2022
Silver Production (Metric Ton) 78.419 2021 yearly 1993 - 2021
Industrial Production Index (IPI): Volume: Manufacturing (2001=100) 118.122 Dec 2021 monthly Jan 2003 - Dec 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 218.000 Jan 2025 monthly Jan 2012 - Jan 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 693.973 Dec 2024 monthly Jan 1995 - Dec 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,655.2 Jan 2025 monthly Jul 2004 - Jan 2025
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Public Debt: Domestic (USD mn) 9,460.795 Jan 2025 monthly Jul 2004 - Jan 2025
Demographic and Labour Market Last Frequency Range
Population (Person mn) 4.5 2024 yearly 1950 - 2024
Labour Force Participation Rate (%) 63.3 2024 yearly 2003 - 2024
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Unemployment Rate (%) 9.50 2024 yearly 2003 - 2024
Monthly Earnings (USD) 1,288 2023 yearly 1970 - 2023
Labour Productivity Growth (%) 5.57 2023 yearly 1992 - 2023
Forecast: Population (Person mn) 4.734 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.700 2029 yearly 1980 - 2029
Population: Estimate (Person) 4,509,530.000 2024 yearly 1950 - 2024
Population: Female (Person) 2,072,833.000 2018 yearly 1950 - 2018
Population: Male (Person) 2,085,950.000 2018 yearly 1950 - 2018
Labour Force (Person) 2,126,771.000 2024 yearly 2003 - 2024
Labour Force: Female (Person) 913,172.000 2024 yearly 2003 - 2024
Labour Force: Male (Person) 1,213,599.000 2024 yearly 2003 - 2024
Employment: Construction (Person) 149,476.000 2024 yearly 2003 - 2024
Employment: Male (Person) 1,123,236.000 2024 yearly 2003 - 2024
Employment: Manufacturing (Person) 152,603.000 2024 yearly 2003 - 2024
Employment (Person) 1,924,162.000 2024 yearly 2003 - 2024
Employment: Wholesale & Retail Trade & Motor Vehicle Repair (Person) 324,323.000 2024 yearly 2003 - 2024
Employment: Female (Person) 800,926.000 2024 yearly 2003 - 2024
Unemployment: Female (Person) 112,246.000 2024 yearly 2003 - 2024
Unemployment: Male (Person) 90,363.000 2024 yearly 2003 - 2024
Unemployment (Person) 202,609.000 2024 yearly 2003 - 2024
Average Monthly Earning (PAB) 1,287.851 2023 yearly 1970 - 2023
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 4,419 Jan 2025 monthly Jan 2005 - Jan 2025
Motor Vehicles Sales Growth (%) 7.8 Jan 2025 monthly Jan 2006 - Jan 2025
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 2019 yearly 2005 - 2019
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) -0.2 Jan 2025 monthly Jul 1975 - Jan 2025
CPI: Food and Non Alcoholic Beverage Change (%) 1.196 Jan 2025 monthly Oct 2015 - Jan 2025
Producer Price Index Growth (%) 0.2 Nov 2024 quarterly Feb 2018 - Nov 2024
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,059.7 Dec 2024 monthly Jan 1964 - Dec 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) 20.8 Dec 2024 monthly Jan 2001 - Dec 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,144.1 Dec 2024 monthly Jan 2000 - Dec 2024
Total Imports Growth (%) -1.9 Dec 2024 monthly Jan 2001 - Dec 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 13.974 Nov 2024 monthly Jan 1970 - Nov 2024
Total Imports from USA (USD mn) 172.879 Nov 2024 monthly Jan 1967 - Nov 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 166.517 Nov 2024 monthly Mar 1989 - Nov 2024
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
Exports: FOB (PAB th) 84,431.775 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 52.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance (USD mn) 824.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance: % of GDP (%) 3.9 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Direct Investment (USD mn) 726.8 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: % of GDP (%) 3.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
External Debt (USD mn) 44,194.4 Jan 2025 monthly Jul 2004 - Jan 2025
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -78,418.321 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Dec 2024 monthly Dec 2008 - Dec 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,468.720 Dec 2024 monthly Dec 2008 - Dec 2024
Money Supply M1 (USD mn) 9,218.690 Dec 2024 monthly Dec 2002 - Dec 2024
Money Supply M2 (USD mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
M2 Growth (%) 9.5 Dec 2024 monthly Dec 2003 - Dec 2024
Foreign Exchange Reserves (USD mn) 5,610.8 Jan 2025 monthly Oct 1969 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.5 Dec 2024 monthly Jan 2000 - Dec 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 110,484.526 Dec 2024 monthly Dec 1998 - Dec 2024
Total Deposits Growth (%) 5.1 Dec 2024 monthly Dec 1999 - Dec 2024
Domestic Credit (USD mn) 63,585.5 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 4.9 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt (USD mn) 32,866.2 Dec 2024 monthly Oct 2005 - Dec 2024
Total Loans (USD mn) 97,419.720 Dec 2024 monthly Dec 1998 - Dec 2024
Total Loans Growth (%) 8.86 Dec 2024 monthly Dec 1999 - Dec 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,113.420 Dec 2024 monthly Dec 2002 - Dec 2024
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 12.6 Dec 2024 monthly Jan 2003 - Dec 2024
Capital Adequacy Ratio (%) 15.7 Sep 2024 quarterly Mar 2005 - Sep 2024
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 4.750 Jun 2018 monthly Dec 1999 - Jun 2018
Exchange Rate against USD (USD/PAB) 1.000 May 2023 monthly Jan 1940 - May 2023
Short Term Interest Rate (% pa) 4.65 Feb 2025 monthly Jan 2006 - Feb 2025
Lending Rate: Prime Rate (% pa) 4.75 May 2018 monthly Dec 1999 - May 2018
Deposit Rate: Current Savings (% pa) 0.87 Jul 2018 monthly Dec 2001 - Jul 2018
Energy Last Frequency Range
Electricity Production (GWh) 1,048 Jan 2025 monthly Jan 2016 - Jan 2025
Tourism Last Frequency Range
Visitor Arrivals (Person) 173,740 Nov 2024 monthly Jan 2005 - Nov 2024
Visitor Arrivals Growth (%) 26.4 Nov 2024 monthly Jan 2006 - Nov 2024
Tourism Revenue (USD mn) 1,841 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -73.9 2020 yearly 1996 - 2020
Financial Market Last Frequency Range
Equity Market Index (Dec2002=100) 479.2 Feb 2025 monthly Jan 1999 - Feb 2025
Market Capitalization: % of GDP (%) 20.5 2022 yearly 1993 - 2022
Market Capitalization (USD mn) 15,628.000 2022 yearly 1993 - 2022
Panama Stock Exchange: Turnover Value: Stock Market (USD) 27,853,162.000 Jan 2025 monthly Jan 1999 - Jan 2025
Panama Stock Exchange: Turnover Value: Total Market (PAB) 283,904,468.260 Jan 2025 monthly Jan 1999 - Jan 2025
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 677.356 2015 yearly 2005 - 2015
Container Port Throughput (TEU) 8,518,425.000 2022 yearly 2008 - 2022
Liner Shipping Connectivity Index (2004=100) 56.570 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 811,350.000 2023 yearly 1978 - 2023
Number of Subscriber Mobile (Person) 6,980,000.000 2023 yearly 1960 - 2023
Teledensity: Fixed Line (Number) 18.200 2023 yearly 1978 - 2023
Teledensity: Mobile (Number) 156.307 2022 yearly 1960 - 2022
Exports: ICT Goods (USD th) 1,543,414.093 2020 yearly 2000 - 2020
Exports: Telecommunication Equipment (USD th) 160,518.116 2023 yearly 1995 - 2023
Exports: Television (USD th) 17,681.993 2023 yearly 1995 - 2023
Imports: ICT Goods (USD th) 607,076.310 2022 yearly 2000 - 2022
Imports: Telecommunication Equipment (USD th) 438,459.187 2023 yearly 1995 - 2023
Imports: Television (USD th) 174,632.423 2023 yearly 1995 - 2023

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